2-bed · 743 sqftSocio Tower 1, Dubai Hills Estate · 3rd floor · completed 2023

315, Socio Tower 1

Sold prices and rental history: sold twice, last in January 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.5M17 January 2024
Current rentAED 110K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Socio Tower 1

What is 315 worth today?

Last sold for AED 1,495,777 in 2024

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15 Mar 2025RentedRenewal
AED 110,000/yr12 months · AED 148 per sqft
15 Mar 2025RentedRenewal
AED 110,000/yr12 months · AED 148 per sqft
15 Mar 2024RentedNew contract
AED 110,000/yr12 months · AED 148 per sqft
17 Jan 2024SoldReady
AED 1,495,777AED 2,012 per sqft
3 Jul 2019Sold by developerOff-plan
AED 996,550AED 1,343 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
2-bed apartment
Size
743 sqft
Floor
3rd of 13
Parking
B-134
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.5M · January 2024

About 315, Socio Tower 1

315 is a two-bedroom apartment of 743 sqft on the 3rd floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 17 January 2024 for AED 1,495,777, or AED 2,012 per sqft, in line with the AED 1,998 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 110,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical two-bed in Socio Tower 1
1M1.5M2018202120242027Typical sale price by year: 2018 AED 989,690; 2019 AED 983,810; 2023 AED 1,436,663; 2024 AED 1,750,000; 2025 AED 1,750,000; 2026 AED 1,700,000Sold by developer, July 2019: AED 996,550 (AED 1,343 per sqft)Sold, January 2024: AED 1,495,777 (AED 2,012 per sqft)

315 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 315, each contractTypical two-bed in Socio Tower 1
110K120K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 120,000; 2026 AED 105,000New contract, March 2024: AED 110,000 a yearRenewal, March 2025: AED 110,000 a yearRenewal, March 2025: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Socio Tower 1, and where 315 sits

All 90 2-beds →

315 last sold in January 2024 at AED 2,012 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 1,998). Over the last 12 months two-beds sold for AED 1,600,000 to 2,100,000, around AED 2,367 per sqft, and rent for AED 65,000 to 160,000 a year. 315's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20261,700,000
7 Jul 20261,600,000
4 May 20262,100,000
27 Aug 20251,720,000
3 2-bed sales in the last 12 months

Socio Tower 1

Building

172 apartments, 1-bed to 2-bed over 13 floors in Dubai Hills Estate, completed in 2023 by Dubai Hills Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 2,506
Typical sale
AED 1.3M
Typical rent
AED 92K /yr
Typical yield
6.5%
Socio Tower 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 3rd floor

All 172 units in Socio Tower 1
Value
3012-bedAED 1.51M · Nov 2023
3022-bedAED 1.02M · Nov 2023
3032-bedAED 1.63M · Jun 2024
3041-bedAED 1.28M · Feb 2025
3052-bedAED 1.51M · Jan 2024
3062-bedAED 1.46M · Nov 2023
3071-bedAED 1.25M · Jul 2024
1–7 of 19

315, Socio Tower 1 in numbers

  • Sold twice: first on 3 July 2019 for AED 996,550, last on 17 January 2024 for AED 1,495,777 (AED 2,012 per sqft).
  • Rented since March 2024 on 3 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 7.3%.
  • Two-beds in Socio Tower 1 sold for AED 1,600,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,506 per sqft.

Source: Dubai Land Department. Updated 15 March 2025.

Questions about 315, Socio Tower 1

What did unit 315 last sell for?

AED 1,495,777 on 17 January 2024: AED 2,012 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 996,550 in July 2019.

What is the rent for unit 315?

AED 110,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 110,000; the unit has been rented since March 2024.

How big is unit 315?

743 sqft (69.0 sqm): a two-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2023.

What is unit 315 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Socio Tower 1 sold for AED 1,600,000 to 2,100,000 in the last 12 months, around AED 2,367 per sqft.

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Mortgage on 315, Socio Tower 1

Starts from the last sale price (AED 1.5M, 17 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,495,777
Deposit, UAE resident (20%)
AED 299,155
Deposit, non-resident (40%)
AED 598,311
Monthly over 25 years at 3.7%
AED 6,120

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →